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BIS' Project Agora finds tokenization could make cross-border payments faster, safer
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CoinDesk Staff(03:45 PM UTC)
1 min read
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0 commentsProject Agorá, backed by major central banks, will now move toward "real-value" testing to settle tokenized central bank money and bank deposits on blockchain rails.
A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help fix some of the biggest pain points in cross-border payments, from slow settlement times to costly reconciliation between…
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